Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Short Interest Update

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 262,261 shares, a growth of 47.2% from the December 31st total of 178,121 shares. Based on an average daily volume of 565,902 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 565,902 shares, the short-interest ratio is presently 0.5 days.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS:RBGLY opened at $16.67 on Friday. Reckitt Benckiser Group has a fifty-two week low of $11.99 and a fifty-two week high of $16.80. The firm’s 50 day moving average price is $16.18 and its 200 day moving average price is $15.54. The company has a quick ratio of 0.37, a current ratio of 0.56 and a debt-to-equity ratio of 1.01.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada downgraded Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 14th. Jefferies Financial Group reissued a “hold” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, January 7th. Morgan Stanley cut shares of Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 15th. Citigroup began coverage on shares of Reckitt Benckiser Group in a report on Wednesday, January 14th. They set a “buy” rating on the stock. Finally, Barclays raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a multinational consumer goods company that develops, manufactures and markets health, hygiene and home products. Its portfolio spans over-the-counter medicines and health products, personal and sexual wellness, surface and laundry cleaning, and household care. The company owns a number of well-known global brands across these categories, including Lysol and Dettol in disinfectants and hygiene, Durex in sexual wellness, Nurofen in analgesics, and Finish in dishwashing products.

The firm has its corporate headquarters in the United Kingdom and sells products in markets around the world, serving consumers across North America, Europe, Asia, Latin America, the Middle East and Africa.